How is the Amorino renewal fee calculated?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- (5) no later than 30 days prior to the expiration of the current term, (a) pay a renewal fee equal to twenty five percent (25%) of our then current initial franchise fee for each five years of renewal, at the same time that you (b) sign an amendment to this Agreement to reflect any new terms of our then-current form of franchise agreement, or at our option, sign the then-current form of franchise agreement or an agreement stipulating renewal of this Agreement;
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, franchisees may renew their franchise agreement for two additional five-year terms if they meet certain conditions. To renew with Amorino, the franchisee must provide written notice of their intent to renew between three and six months before the current term expires. They must also not be in default of the agreement and must have substantially complied with its terms.
As part of the renewal requirements, the franchisee must complete any required training and necessary store renovations or updates as specified by Amorino. Additionally, the franchisee and any guarantors must sign a general release in favor of Amorino.
Most importantly, the franchisee must pay a renewal fee. This fee is calculated as twenty-five percent (25%) of Amorino's then-current initial franchise fee for each five-year renewal term. This fee is due when the franchisee signs an amendment to the existing agreement or a new franchise agreement reflecting the updated terms.